PlanRadar’s Post

In construction, finding ways to reduce costs without sacrificing quality is a constant challenge. Value engineering has become a crucial strategy to help increase efficiency and keep budgets in check. Here's a look at how value engineering cuts costs without cutting corners, including commonly-used techniques, tools, and real-world examples. #construction #constructionmanagement #constructionindustry

Value Engineering never stops in any phase of Construction!!! WHO IS THE VALUE ENGINEER ?? I believed anyone who's saved the cost of construction (material choices, labor rates, technology and equipment, and other components that go into a project’s construction) without suffering quality is a "VALUE ENGINEER" "SO BE A VALUE ENGINEER IN CONSTRCUCTION" What Is Value Engineering in Construction? Value engineering is an essential construction concept that helps reduce costs and ensure a project is completed within budget. It involves using real-world data and technology to identify areas where cost savings can be made without compromising the quality of the overall project. It is also used to evaluate material choices, labor rates, technology and equipment, and other components that go into a project’s construction takeoff. When making decisions during the estimation process, value engineering allows contractors to measure how different components will impact the total cost of a project. Through careful analysis of past projects and current market trends, construction professionals can make informed decisions about which components offer the best value for money. Value engineering also helps inform decisions about when to hire personnel or purchase new materials or equipment for any given project. The ultimate goal of value engineering is to maximize efficiency while minimizing cost by considering additional factors such as project location, structural integrity, and safety measures when calculating estimates. The Benefits of Value Engineering Because the root of value engineering is to identify areas where cost savings can be made without compromising the quality of a project, it offers several benefits for construction projects: Cost reduction: It can reduce costs by identifying ways to lower overhead expenses and make smarter purchasing decisions. Streamlined estimation process: By considering factors such as project location, structural integrity, and safety measures, value engineering accelerates the estimation process and eliminates unnecessary costs. Improved quality: By evaluating existing materials and components, value engineering helps ensure the highest quality of construction projects while eliminating potential delays due to defective materials. Risk mitigation: Offers a way to mitigate risks by minimizing costly mistakes and helping to plan for any foreseeable problems. Data-based decisions: By carefully analyzing current market trends, contractors can choose the best value-for-money materials and equipment. Increased efficiency: By leveraging real-world data, value engineering helps contractors make decisions quickly and accurately while saving time in the long run. Who Conducts Value Engineering Efforts? I believed anyone who's saved the cost of construction (material choices, labor rates, technology and equipment, and other components that go into a project’s construction) without suffering quality is a "VALUE ENGINEER"

ISO …what? Which ISO for construction industry? In the construction industry, there are several ISO standards that are relevant and widely used. These standards help ensure quality, safety, and efficiency in construction processes. Here are some notable ISO standards in the construction industry: 1. Quality Management: - ISO 9001:2015 - Quality Management Systems - This standard provides guidelines for implementing a quality management system in construction organizations, ensuring consistent quality in construction projects. 2. Environmental Management: - ISO 14001:2015 - Environmental Management Systems - This standard helps construction companies manage and mitigate their environmental impact through effective environmental management practices. 3. Occupational Health and Safety: - ISO 45001:2018 - Occupational Health and Safety Management Systems - This standard focuses on managing occupational health and safety risks in construction sites, ensuring a safe working environment for workers. 4. Risk Management: - ISO 31000:2018 - Risk Management - This standard provides guidance on implementing a risk management framework in construction projects, helping organizations identify and manage risks effectively. 5. Construction Project Management: - ISO 21500:2012 - Guidance on Project Management - This standard provides guidance on project management principles and practices, helping construction organizations effectively plan, execute, and control construction projects. 6. Building Information Modeling (BIM): - ISO 19650-1:2018 - Organization and digitization of information about buildings and civil engineering works - This standard provides guidelines for the management of information throughout the lifecycle of construction projects using Building Information Modeling (BIM) methodologies. Will follow a part two… and maybe three as well? … we’ll see.

Value Engineering in Construction Projects In many value engineering projects, 'value' is perceived as 'good' or 'quality' at minimum cost. It is often a team approach: the value engineering team studies the function of the project, the first and the life cycle cost, and makes decisions on what phases or components of the project will benefit from value method. Leaders, who are the professionals in value engineering and who are elected by the team, need to do the job plan, job information, and estimation. The job plan consists of three major phases: The Information Phase, the Analysis Phase, and the Decision Phase. The Information Phase consists of three parts: the function analysis, creativity, and evaluation. By examining the process of developing or fabricating some products or projects, it is not difficult to find that there is usually a phase that makes the largest contribution to the life cycle cost. The objectives of value engineering are twofold: improving value, which is a ratio of function to cost, and reducing the life cycle cost, without sacrificing the function. The term "value" is defined as a function, quality, represents worth in usefulness or importance to the owner. Examples of value are increasing income, reducing time, improving quality, and so on. Value can therefore be defined as the ratio between function and cost. This can be summarized by the equation: Value = function/cost. Each component of the equation can be manipulated to create a higher overall value. The function can be increased or the cost can be decreased. It is often easier and more controllable to manage cost. The key objective of value engineering is to optimize the "value" of a facility in terms of life cycle cost, in contrast with the "first cost". First cost is the total amount of money necessary to complete the initial design and construction. Life cycle cost is the total cost of a facility including the cost of planning, designing, constructing, maintaining, operations, and the disposal of the facility. In other words, it is the present worth of all project-related costs at the present time. Value engineering is a systematic and organized approach to provide the necessary functions in a project at the lowest cost. It translates to the planning or designing of a facility, or a product, in the most effective manner – identifying and selecting the most cost-effective and reliable way of providing the necessary functions.

Efficiency is crucial in construction for saving costs, meeting deadlines, and ensuring quality. To achieve efficiency in construction projects, it's essential to implement strategic approaches that streamline processes and optimize resources. Here are some key strategies to create efficient job sites in construction: ✔️ Clear goal-setting, comprehensive site assessments, and technology use enhance efficiency. ✔️ Meticulous planning, effective communication, and reliable partnerships play key roles. ✔️ Robust documentation, quality control, and prioritizing safety are vital practices. ✔️ Learning from past projects and planning for efficient closure ensure continuous improvement. Implementing these strategies leads to successful project outcomes and a strong reputation in the construction industry. Read more here ⤵ #Construction #ConstructionSoftware #ConstructionManagement #ConstructionEfficiency #Builders #ProjectPlanning

Value engineering - reducing the cost of a construction project Value engineering in the field of construction, allows savings in the costs of the project and on the basis of studying and examining its various engineering aspects and formulating recommendations for changes in planning and implementation while maintaining the quality of the final product. As a provider of soil consultant services, at Moti Yuger we make sure to incorporate in our services the professional aspect of "value engineering" which allows us to control existing land reports, construction plans and projects in the execution or finalization processes. Our professionalism has enabled us in the past and during the examination of plans of private projects of building houses as well as business-commercial projects to present alternatives for saving significant amounts that made it possible to get started with an execution budget that is tens of percent less. "Value engineering examines ways to improve the function of the product, and to make it cheaper by reducing the raw material, reducing the accuracy requirements and streamlining processes" (Gideon Halevi) and this from a professional engineering approach based on proven academic tools as well as the many years of experience of the Moti-Yuger Engineering company . We specialize in value engineering services for reducing construction project costs under commitment. Value engineering, what is it? The field of value engineering is institutionalized and includes several steps: preparation Research and data collection Analysis Developing alternatives Evaluation of alternatives Forming conclusions Introducing a recommended alternative Monitoring and in further detail and based on standardization such as the international ISO 15686. Information gathering What is going to be done? Who is the performer? What is the required result? What must not happen? If you would like to learn more about the academic-professional background of the value engineering approach, you can find a lot of material in volume-2 of the book "Engineering Design" by Gideon Halevi published by the Open University at the link here. Do we perform Value Engineering? Definitely yes. The professional workforce at Moti Yuger Eng allows us to carry out cost reduction processes in projects and by using a value engineering approach. In the past, we have already carried out a number of complex construction cost reduction projects that managed to significantly reduce the final construction cost for the client - whether in private construction or in large-scale business construction. However, it is important to note that at Moti Yuger Eng., the focus is not only on reducing costs through material savings, but is mainly based on a thorough examination of the construction methods and finding efficient, safer and cheaper alternatives. #engineering #geotechnicalengineering #geotechnicalengineer

Methodologies and techniques used in the construction industry to achieve cost savings.  ................... This article proposes to investigate the strategies for minimizing the initial project cost without affecting the quality of the construction and to use the technology to perform the cost-saving strategies more efficiently. Also, to explore the awareness levels of various procurement routes in embracing the advanced approaches of cost savings.  Cost is a significant factor in all the stages of construction and the industry itself is looking for better ways to introduce innovation and new technologies to bring down the cost of construction. By comparing the cost-saving and value engineering strategies, the awareness level of using the technology in construction could be identified and the opportunities of implementing more advanced, efficient, and innovative technology could be discovered. Also, by doing value engineering, it should be relatively stable and may lead to reduced variations.  **From the consultant's point of view, consultants should discourage varied designs and promote better work. From the contractor's perspective, they should be knowledgeable and experienced enough to manage the contract and try to obtain the maximum marks to claim the incentive.  Doing a comparative study for cost saving and value engineering in the construction industry may help to identify the areas for further improvement. When more technology and research are being introduced into the industry for value engineering, the respondents strongly agree that value engineering may lead to more additions and alterations. However, the fact from in-depth interviews describes value engineering as a systematic process run by a multi-disciplined team to analyze the functions of projects, which is to achieve the best value to cost. The proposed research could benefit the construction industry and developers by making a better judgment when choosing between cost-saving and value engineering. By performing the research, the awareness levels of using the technology in construction could be identified and the opportunities of implementing more advanced, efficient, and innovative technology could be discovered. 

Trouble shooting in construction Have you ever faced troubles in construction? -      Timing is wrong because period of execution was underestimated – opening will be possibly postponed – revenue losses in hospitality sector and others. -      quality is a dilemma and requires time-intensive snagging resulting in delay of handover. -      Norms and regulations are not considered in the execution of works -      work isn’t executed according to plans approved by the client and authority – probably no building permission by the authority will be issued. -      Of course more and other troubles are possible.   Troubleshooting in construction involves identifying and resolving problems or issues that can arise during various stages of a construction project. These problems can range from design and planning issues to on-site construction challenges. Here are some common troubleshooting steps for construction: -      Identify the Problem -      Consult the Plans and Specifications -      Communication -      Root Cause Analysis -      Safety First -      Consult Experts -      Cost Analysis -      Schedule Impact -      Documentation -      Regulatory Compliance -      Quality Control. -      Change Orders -      Client Communication -      Preventative Measures -      Learn from Experience   Remember that construction troubleshooting is a dynamic process that requires adaptability and collaboration. It's essential to address issues promptly and efficiently to ensure the successful completion of the construction project while minimizing disruptions and costs.   Our specialists at SPI are available to act if needed immediately. Time is money.